Safe Sidewalks Property Improvement Program "SS"For principal purpose of the Repair, Replacement, and Improvement of Residential Sidewalks including labor, materials, and associated expenses with a focus and emphasis on city right-of-way to mitigate safety hazards.

Very Low Income Borrower

Low Income Borrower

Median Income Borrower

Sidewalk Repair, Replacement, and Improvement Expenses

$5,000

Household
Income

n/a

Loan-to-Value

n/a

Repayment Requirements
All Borrowers

Due in full upon the sale, transfer of ownership, or change of use of the property.

Repayment Requirements
Median Income Borrowers

n/a

Monthly Payments with Automatic Payment Transfer

Interest Rate

No Interest
0% APR

5.00 % APR

Secured by

1st, 2nd, or 3rd mortgage

Fees
and Closing Costs

All actual 3rd party costs incurred by the RDA related to loan processing, document preparation, loan closing and recording will be charged to the borrower(s) and will be financed as part of the assistance proceeds.

RDA
Housing Program
Household Income Guidelines*

Family
Size
(# of Persons in Household)

1

2

3

4

5

6

7

8

Median(100%
of Median)

$50,000

$57,100

$64,200

$71,300

$77,100

$82,800

$88,500

$94,200

Low(80%
of Median)

$39,950

$45,650

$51,350

$57,050

$61,650

$66,200

$70,750

$75,350

Very Low(50%
of Median)

$25,000

$28,550

$32,100

$35,650

$38,550

$41,400

$44,250

$47,100

(70% of Base)

(80% of Base)

(90% of Base)

BASE

(108% of Base)

(116% of Base)

(124% of Base)

(132% of Base)

*Source:
HUD FY 2014 guidelines Ogden-Clearfield, UT MSA.
Note: For each household member in excess of eight, 8% of the four-person
base should be added to the eight-person income limit, e.g nine-person-family
is 140% of base (132% + 8%)